An analyst gathers the following information (in € millions) about a company's land that is valued under the revaluation model: | Item | Value (€ millions) | |------------------------------------------|--------------------| | Purchase cost | 20 | | Carrying amount after first revaluation at 31 December Year 1 | 18 | | Carrying amount after second revaluation at 31 December Year 2 | 23 | As a result of the second revaluation, the revaluation surplus increases (in € millions) by: | Chartered Financial Analyst Level 1 Quiz - LeetQuiz